Since Bank Negara Malaysia (BNM) launched the digital banking framework on December 31, 2020, around 40 interested unnamed parties have applied for a license. Now, the bank is working on issuing up to 5 digital banking licenses in 2022. Overseas, countries have already awarded digital banking licenses to qualified entities. …
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Singapore has no shortage of big-name coffee chains like Starbucks, or third-wave coffee houses that offer specialty coffee. However, it is difficult to replicate the same old-school, rustic charm of sipping kopi at a coffee shop. Unfortunately, the demise of some traditional coffee shops like Chin Mee Chin and Hup …
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According to an article on Business Times, the Grab-Singtel consortium as well as ecommerce conglomerate SEA has just won the digital full banking license awarded by the Monetary Authority of Singapore (MAS). Singapore is taking a big step forward in fintech with the opening of digital bank license applications by …
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Andrew Lim, 35, and Walter Oh, 33, first met each other when they were both working at DBS Bank. They had started out as management associates, and eventually became corporate bankers. During their time there, they often worked long hours till late at the office. They frequently skipped meals, and …
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Yesterday, William Bao Bean from SOSV moderated a digital banking forum that took place at Wild Digital SEA’s 2020 conference. It was joined by panelists who were experts in the fintech industry themselves: It’s Not About Challenges, But Partnerships First off, what is digital banking? Pauline defined it as the …
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